• Friday, December 19 2014

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Nobel prize winner and economist Joseph Stiglitz. Picture: GALLO IMAGES/AFP

EDITOR'S NOTE: The dam deficit

Tim Cohen: John Maynard Keynes warned against fiscal austerity during a slump. But does that mean governments should spend stupidly?

Picture: THINKSTOCK

DERBY'S COUNTY: More than you can chew

In many parts of the world, mega projects have degenerated into mega disasters. They are fraught with problems not unique to SA, writes Razina Munshi

Image: DION RADEMEYER

ECONOMIC VIEWPOINT: Steps to alleviate the crisis

To ensure the stability of SA's energy supply, government and Eskom must implement key changes, writes Nazmeera Moola

Picture: THINKSTOCK

ON MY MIND: Rules for a safer sector

New 'twin peaks' financial services legislation will introduce measures to improve the protection of SA consumers, writes Jonathan Dixon

Peter Bruce. Picture: RUSSELL ROBERTS

BRUCE’S LIST: The Chancer’s Guide to Informed Conversation

Peter Bruce lists the crucial reads of the week December 03 2014

Chris van der Merwe. Picture: Hetty Zantman

DIAMONDS & DOGS: Curro; Pinnacle Point

Curro is offering an invaluable service to those who can access it, while Pinnacle Point’s sorry tale is a salutary reminder that large ambitions come with considerable risk attached

Wietsch Fourie CEO of Winhold. Picture: ARNOLD PRONTO

MARKET WATCH: Sound value?

It is hoped Winhold’s new operational groove will lift its share price; otherwise predators will start to sound them out

Picture: FINANCIAL MAIL

FOOD FOR THOUGHT: There but for the Grace

Why shouldn't we go the way of Zimbabwe? Well, there is hope in the form of our entrepreneurs, writes Justice Malala

Picture: DSTV

PATTERN RECOGNITION: Box clever

Toby Shapshak on why a home-grown satellite service deserves to be awarded the 'Most Beautiful Object in SA' award

Picture: THINKSTOCK

BETWEEN THE CHAINS: Power rationing here to stay

There is still no light at the end of this long tunnel of darkness. Things will get a lot worse during the next two years

Image: DION RADEMEYER

INVESTOR’S NOTEBOOK: Financial advisers and unethical behaviour

Financial advisers are desperate to be considered as a ‘profession’, yet that isn’t possible as long as there is so much unethical behaviour in their ranks

Letters

Hashim Amla. Picture: GETTY IMAGES GALLO

LETTER: Proteas are pick of the bunch

Final squad comprising these players would give SA the best possible chance of winning cricket World Cup

Picture: GETTY IMAGES

LETTER: Be clear about moats

When Warren Buffett speaks about economic moats, he refers directly to protecting a company’s market share through barriers to entry

Picture: THINKSTOCK

LETTER: Make way for new blood

Imminent merger of Acucap Properties with Growthpoint Properties must be an opportune time for the aged Growthpoint board of nonexecutive directors to reinvent itself

Brett Kebble. Picture: SUNDAY TIMES

LETTER: Randgold inaccuracies

Small inaccuracies relating to Randgold minority action to rectify

Economy hub Moses Mabhida stadium will form the anchor point for a R15bn rail link between the city, King Shaka Airport and the DTP. Picture: SUPPLIED

LETTER: Credit card commission

Competition authorities really have it in for construction companies for their apparent collusion over tenders at time the World Cup stadiums were being built

ANOTHER WEEK: December 10

A round-up of the week's main news events in Africa and further abroad

EDITORIAL: How to tame municipal government

For the majority of South Africans, local government constitutes the most important interface with the state outside education and health

EDITORIAL: The devilish detail in the AG’s report

The auditor-general’s (AG) report on national and provincial outcomes for 2013-2014 comprises 339 densely packed pages and is a world-class document

DID YOU HEAR? Sex life after death

A couple make a deal that whoever dies first will come back and inform the other if there is sex after death

Multimedia

VIDEO: Eskom expected to set out and explain its financials

Sikonathi Mantshantsha chats about how Eskom will explain its financial records

VIDEO: FM looks at FirstRand’s outperformance under Sizwe Nxasana

Phakamisa Ndzamela speaks about his cover story in the Financial Mail this week, featuring interviews with FirstRand chief executive Sizwe Nxasana, Laurie Dippenaar and Paul Harris


AdFocus Awards 2013

Click here for your last chance to get tickets to this year's AdFocus Awards, on November 27


FM Top Companies 2013

Download the full Financial Mail Top Companies 2013 report (38MB)